Spectrum Commodities Wheat & Cattle Markets Analysis

Wheat choppy on conflicting Black Sea reports; corn slip on reports of record South American production, well above USDA's estimates; export sales summary; weather still stressing US crops; cattle futures under more pressure; cash weakening; boxed beef mixed; cash feeders lower; solid beef export sales; beef S&D summary.

Supply/Demand summary; report bullish corn; wheat surged higher on Russian port shutdown; Russia hits Ukraine Danube port; cattle futures under pressure; cash fed cattle steady while dressed trade moved higher; boxed beef quietly higher; cash feeders higher.

Wheat under pressure from rumor of Ukraine/Russia moratorium; today wheat strongly higher as Ukraine hits key Russian grain export terminals; Black Sea grain exports rapidly declining; Supply/Demand report today hints at a volatile price reaction; cattle futures mixed; cash fed steady; boxed beef quietly lower on good volume; cash feeders lower; weekly cash cattle and beef su...

Grains trading mixed, waiting for major Supply/Demand report tomorrow; Black Sea maritime transport update; crop condition and progress update; cattle futures mixed; cash steady; choice boxed beef surges higher; cash feeders lower.

Wheat leading grains higher; markets waiting for Wednesday's Supply/Demand report; Black Sea exports largely halted; cattle futures follow cash higher; boxed beef firm while cash feeders push higher.